Within decades, the injustices in the economy are very clear. Inequality, social gap and poverty have become an endless parennial phenomenon in many places, while in other parts of the world, showing a very different circumstance. This situation is aggravated by the global economic situation that often leads to uncertainty, recession and even crisis. It is the West with its capitalism as the pioneer of a new civilization with all its accomplishments and contributions, giving a new color to the modern world life. The achievements achieved and its contribution need to be appreciated, yet on the other hand, the achievement seemed to be a real virus for global life order.
The reality of inequality that characterizes the modern world life becomes a magnet for the emergence of alternative-solutive thinking for global economic stability. That is why economic thinking that has a spirit of justice is inflated and raised as a solution to the current economic inequities. A number of world leaders regenerate the Islamic economics and finance as a locomotive of global harmony and equality and normatively believed to be able of overcoming the humanity problems as a whole.
Islam, since the Middle Ages had been contributing to the remarkable thought of modern economic theory. Now, it is back with a new power that has merged with the modern spirit and Islamic values. In fact, modern Islamic Economics can be the main door to Islamic civilization volume II which makes Islam as the pioneer of a world civilization based on the principles of justice, togetherness and also equity.
Islamic economics experienced rapid development and progress after the establishment of the Islamic Development Bank (IDB) in Jeddah in 1975. It is able to attract attention and influence the global financial practice thinking map significantly. Discourse and practice of Islamic economics can attract academics, professionals, and practitioners who are involved in the economy at the international level. Studies on Islamic economics and finance are growing not only in Muslim-majority countries but also extending to Western countries. Confidence in the development of Islamic economics believed will continue to grow. This belief is certainly not just a fantasy, but a real solution, because Islamic economics and finance have the features and advantages in the social-economic / Islamic social finance instruments they have, such as zakat, infaq, alms, waqf and other social instruments, as socio-economic societal ties.
The development of zakah and waqf in recent decades, has shown a spectacular development. Along with the increasing awareness of contemporary Muslim society and the opening of the inner eye to the socio-economic phenomenon of society. Even in some Islamic countries, the management of zakah has been very professional such as Malaysia, Saudi Arabia and Kuwait and waqf has begun to be led into lifestyles. Nevertheless, this remarkable development will still require fresh thinking, integrative concepts and mature strategies.
Thus, the Conference is focused on mobilizing and unifying the forces of Islamic social finance, as well as fixing the remaining weaknesses, and resulting solutions on the global economy problems.
3rd ICIEFI is a conference aimed at providing a forum for sharing and promoting cutting-edge research in Islamic economics and development generally as well as Islamic social finance especially. It is also a conference aimed at facilitating intense and productive networking among academics, policy makers, practitioners, students and other interested parties.
“Islamic Social Finance for Sustainable Development Goals”
The Committee of 3rd ICIEFI is pleased to call for submission of the papers, but are not limited, to the following issues/themes:
- Maqashid Shariah and Principles of Islamic Economics and Finance
- Islamic Social Finance that relevant to:
- Economics Stability
- Fairness & Equality
- Customs, Culture & Tourism
- Education, Training & Human Resources
- Economics of Health, National Health Service (NHS) & National Health Insurance
- Politics & Democracy
- History in the Islamic Golden Age
- The Effectiveness of Islamic Philanthropy Institution
- Innovative Strategy in Financial Technology (Fintech)
- Zakah, Cash Waqf to enhance Poverty Alleviation &Social Welfare
- Islamic Banking and Finance
- Islamic Economics & Halal Industry
- National Law Perspectives
- Philanthropy, Charity and Social Endowment Fund towards:
- Sustainable Small and Medium Enterprises (SMEs)
- Sustainable Socio-economics Development
- Sustainable Women Empowerment & Gender Equality
- Sustainable Disaster Management
- Sustainable Renewable Energy
- Sustainable Environment and Natural Resources
- Sustainable Industry
The Conference will be organized using two languages such as: